Mother Jones magazine got together with some bigots and aimed for the sky
In collaboration with Miller, Mother Jones crunched data from 2012 and found that the annual cost of gun violence in America exceeds $229 billion. Direct costs account for $8.6 billion—including long-term prison costs for people who commit assault and homicide using guns, which at $5.2 billion a year is the largest direct expense. Even before accounting for the more intangible costs of the violence, in other words, the average cost to taxpayers for a single gun homicide in America is nearly $400,000. And we pay for 32 of them every single day.
Indirect costs amount to at least $221 billion, about $169 billion of which comes from what researchers consider to be the impact on victims’ quality of life. Victims’ lost wages, which account for $49 billion annually, are the other major factor. Miller’s calculation for indirect costs, based on jury awards, values the average “statistical life” harmed by gun violence at about $6.2 million. That’s toward the lower end of the range for this analytical method, which is used widely by industry and government. (The EPA, for example, currently values a statistical life at $7.9 million, and the DOT uses $9.2 million.)
Our investigation also begins to illuminate the economic toll for individual states. Louisiana has the highest gun homicide rate in the nation, with costs per capita of more than $1,300. Wyoming has a small population but the highest overall rate of gun deaths—including the nation’s highest suicide rate—with costs working out to about $1,400 per resident. Among the four most populous states, the costs per capita in the gun rights strongholds of Florida and Texas outpace those in more strictly regulated California and New York. Hawaii and Massachusetts, with their relatively low gun ownership rates and tight gun laws, have the lowest gun death rates, and costs per capita roughly a fifth as much as those of the states that pay the most.
Those are some big numbers. But these are progressives, and math is hard. So they told a huge lie with made up numbers to make sure it impressed their readers.
And do they look at the benefits, the cost savings, of people having firearms with which they have defended themselves? There’s no way I’m following the link to MoJo, so I’ll guess they don’t.